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Australia shares seen opening lower, NZ eases

Published 06/05/2016, 08:31 am
Updated 06/05/2016, 08:40 am
© Reuters.  Australia shares seen opening lower, NZ eases
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SYDNEY, May 6 (Reuters) - Australian shares are poised to open lower on Friday, following a subdued session on Wall Street as investors wait for the latest U.S. jobs report for clues on when the Federal Reserve will hike interest rates.

Pointing to a shaky start, share price index futures YAPcm1 fell 0.9 percent to 5,219.0, a 60.1-point discount to the underlying S&P/ASX 200 index .AXJO . The benchmark closed flat on Thursday.

Before the opening bell, top investment bank Macquarie Group MQG.AX posted a 29 percent jump in annual profit to a record. the Tasman Sea, New Zealand stocks were already feeling the negative influence from Wall Street. The benchmark S&P/NZX 50 index .NZ50 eased 0.5 percent, or 33.2 points, to 6,843.33 in early trade.

For a summary of overnight action across global markets, double click on AU/CALL

For a digest of the day's business stories in Australian newspapers, double click on PRESS/AUB

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